TSLA Trade on Jan 19, 2023 09:36 from The_Trading_Apprentice: Tradervue User Stock Trades.

*DESCRIPTION (describe in detail):
Trade#: 1
Set#: 5-minute ORBU_02_03
Ticker: TSLA
Strategy: (X)ORBU ()ORBD ()HODB ()LODB
Market Condition: (X)Gapping Up ()Gapping Down ()Consolidating
5-Minute ATR: ().50 (X)1 ()1.50 ()2
Position Size: 25
Entry: 128.92
Hard Stop: 127.92
Technical Stop: 9EMA
LRC Break (after 10:00 am): ()Yes ()No ()In Between
Bollinger Bands Break (after 10:00 am): ()Yes ()No ()In Between
Target1: 130 ()DP()LRC()BB()MA(X)PSY | Target2: 130.50 ()DP()LRC()BB()MA(X)PSY | Target3: ()DP()LRC()BB()MA()PSY | Target4: ()DP()LRC()BB()MA()PSY
Exit1: 127.3 Exit2: Exit3: Exit4:

**What was the result of the trade, what happened? Loss. Market was gapping up at the open. Price action broke opening range high and PDC, so I entered a trade at 128.92 with 25 shares. My profit targets were 130 and 130.50. Price action made a new HOD and then reversed eventually hitting my stops.

*FEELINGS- Describe what you thought and felt during the trade? Had a late start and was feeling tired.

*EVALUATION- What was good or bad about the trade (what worked according to plan in the trade)? Good: Market was gapping up. Price action broke opening range high, PDC and premarket high. Bad: Price action made new HOD then reversed.

*ANALYSIS- Does the trade make sense to you now that it is over? Yes.

*CONCLUSION- What is the final judgment of the trade (draw conclusions)? I took the setup, but the trade eventually failed. I respected my stops and exited my position.

*ACTION PLAN- How are you going to avoid the mistakes you made on this trade? How are you going to make sure you get the same results the next time if the trade was good? Continue to take the setup.

*TRADE MANAGEMENT: Strategy (X)Go ()No Go | Risk Identified (X)Go ()No Go | Profit Targets (X)Go ()No Go

*TRADE EXECUTION: Entry (X)Go ()No Go | Profit Targets/Stop Respected (X)Go ()No Go